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1262 Eastgate Rd 5,299 SF Industrial Building Midlothian, TX 76065 $1,186,532 CAD ($223.92 CAD/SF) 10.59% Cap Rate
EXECUTIVE SUMMARY
Welcome to this exceptional commercial property located conveniently off Highway 287. This versatile industrial building offers endless possibilities with its spacious layout, featuring five office suites to accommodate your business needs. The property also includes five bay doors for easy access and efficient operations. Situated on a .5 acre lot, the building boasts a generous 5,299 square feet of functional space. This is a prime opportunity to establish or expand your business in a well-located and highly accessible area. Don’t miss out on the chance to take advantage of this remarkable commercial property. The celling height is 17' and the bay doors are 16'. Additional 1 acre is available. Lot will have to be subdivided to sell building on smaller parcel at this price.
FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,186,532 CAD | Building Class | C |
| Price Per SF | $223.92 CAD | Lot Size | 0.50 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 5,299 SF |
| Cap Rate | 10.59% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2004 |
| Property Subtype | Warehouse | Tenancy | Single |
| Price | $1,186,532 CAD |
| Price Per SF | $223.92 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 10.59% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.50 AC |
| Rentable Building Area | 5,299 SF |
| No. Stories | 1 |
| Year Built | 2004 |
| Tenancy | Single |
AMENITIES
- 24 Hour Access
1 1
PROPERTY TAXES
| Parcel Number | 150075 | Total Assessment | $870,390 CAD (2025) |
| Land Assessment | $334,234 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $536,156 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
150075
Land Assessment
$334,234 CAD (2025)
Improvements Assessment
$536,156 CAD (2025)
Total Assessment
$870,390 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Presented by
JSWickliffe & Company
1262 Eastgate Rd
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